Silk Road forums

Support => Customer support => Topic started by: Fah-Q on May 16, 2013, 01:07 pm

Title: Why is refund rate so high ???
Post by: Fah-Q on May 16, 2013, 01:07 pm
I've been a silk roader for over a year. I just had my very first  package no show. SR admin gave me full refund of around $40. I previously had 0% refund rate 0% auto finalize. This changed my current stats to:

Total transactions: 77
Total spent: $6342.3
Refund rate: 6.33%
Auto-finalize rate: 0%
Member for: 1 year

How the heck is $40 = %6.33 of $6342.3  ????

This is not correct. This should be % 0.633........WTF ?
Title: Re: Why is refund rate so high ???
Post by: Libertas on May 16, 2013, 01:47 pm
I've been a silk roader for over a year. I just had my very first  package no show. SR admin gave me full refund of around $40. I previously had 0% refund rate 0% auto finalize. This changed my current stats to:

Total transactions: 77
Total spent: $6342.3
Refund rate: 6.33%
Auto-finalize rate: 0%
Member for: 1 year

How the heck is $40 = %6.33 of $6342.3  ????

This is not correct. This should be % 0.633........WTF ?

Hi Fah-Q,

I'm afraid the system does not calculate it as simply as that; please see the SR Wiki here:
http://dkn255hz262ypmii.onion/wiki/index.php?title=Frequently_Asked_Questions#Why_are_my_stats_incorrect.3F

Simply explain to any vendors what has happened (most of them know how the refund rate works) but as long as your refund rate remains below 15%, you shouldn't have any issues at all. Your refund rate will also drop with future transactions.

Thread locked as resolved.

Libertas